AppleInsider breaks down every record Apple smashed in its gargantuan fiscal quarter ending in December 2020. Apple's first fiscal quarter was one to remember, breaking records left and right on its way to a staggering $111.4 billion in total revenue. While that number was the biggest takeaway, it was far from the only record the company shattered. Total revenue Apple brought in a staggering $111.4B in Q1 2021 During the 1Q 2021 financial quarter, Apple raked in $111.4 billion in total revenue. This is the first time the company has passed $100 billion for a quarter, breaking its previous record of $91.8 billion in the prior year's December-ending quarter. It's all the more surprising that Apple did this during a global pandemic, as many working families cut down on luxury purchases. Impressive iPad and Mac sales boosts may have partially reflected the greater need for work-from-home and Zoom-friendly computing devices. However, the iPhone continued … [Read more...] about Ten records Apple broke in its historic holiday 2020 quarter
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Apple discontinues full-size HomePod, to focus on HomePod mini
Apple on Friday announced the discontinuation of the full-size HomePod , saying it plans to focus on production and development of the HomePod mini. Apple informed TechCrunch of the product's end of life in a statement today. HomePod mini has been a hit since its debut last fall, offering customers amazing sound, an intelligent assistant, and smart home control all for just $99. We are focusing our efforts on HomePod mini. We are discontinuing the original HomePod, it will continue to be available while supplies last through the Apple Online Store, Apple Retail Stores, and Apple Authorized Resellers. Apple will provide HomePod customers with software updates and service and support through Apple Care. The company plans to sell remaining HomePod units until stock is depleted, though Apple's online storefront is already sold out of Space Gray models. Support will also continue until the product is declared obsolete. Announced at WWDC 2017, HomePod was Apple's … [Read more...] about Apple discontinues full-size HomePod, to focus on HomePod mini
Apple’s Tim Cook & Eddy Cue return to elite Sun Valley conference for 2018
Apple CEO Tim Cook and senior VP Eddy Cue have once again made an appearance at the annual Sun Valley conference in Idaho, attended by the elite of the media and technology worlds. This year marks Cook's seventh consecutive appearance, and Cue 's fifth. Both were in attendance in 2017. The conference is hosted by investment firm Allen & Co., and plays host to top-level executives who sometimes use the event to broker deals behind the scenes. This year some of the people present are said to include media baron Rupert Murdoch, Amazon's Jeff Bezos, Google's Sundar Pichai, and Facebook CEO Mark Zuckerberg. NBC notes that some high-profile deals have been begun at Sun Valley in the past, such as Disney's $19 billion ABC/Capital Cities buyout, and Bezos' takeover of the Washington Post . This year could be particularly interesting, since Disney and Comcast are currently fighting to buy out key assets of 21st Century Fox . The Murdoch family has voting … [Read more...] about Apple’s Tim Cook & Eddy Cue return to elite Sun Valley conference for 2018
Recent Apple sell-off a ‘golden buying opportunity,’ analyst says
Investment bank Wedbush says that the recent Apple stock sell-off creates a "golden buying opportunity" for investors, and predicts that Apple still has a $3 trillion valuation on the horizon. In a note to investors seen by AppleInsider , lead Wedbush analyst Daniel Ives says the bank has added Apple to its "Best Ideas List." He says that, in the wake of a historic December quarter for Apple, Wall Street has been expecting modest cuts to 2021 iPhone forecasts. Despite that, the analyst says recent checks in Asia are continuing to come in bullish. He continues to predict that Apple could ship upwards of 230 million iPhone units during the year. That number is higher than the current Wall Street consensus of 220 million units. Based on the current trajectory, Ives says that Apple could sell north of 240 million units — with an "eye popping" 250 million units possibly in the cards. He adds that demand in China still looks strong coming out of the Chinese New Year. … [Read more...] about Recent Apple sell-off a ‘golden buying opportunity,’ analyst says
Apple reportedly cuts iPhone 12 mini production amid tepid demand
AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Apple has informed partner suppliers that it has reduced iPhone 12 mini production plans for the first half of 2021, with manufacturing of some specialty parts suspended altogether, according to a report on Wednesday. Citing industry sources familiar with the matter, Nikkei reports major suppliers were recently informed of the production shift that marks a change in Apple's procurement strategy. Prior to the reported downward revision, the tech giant was aggressively buying semiconductors, printed circuit boards and displays amid a worldwide parts shortage. Apple is targeting output at around 75 million iPhone units for the first half of 2021, down 20% from December 2020, the report says. Much of that downgrade is blamed on iPhone 12 mini. Nikkei sources note … [Read more...] about Apple reportedly cuts iPhone 12 mini production amid tepid demand
Apple 4-for-1 stock split process completes
AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Apple's stock split has completed, with shareholders on Friday now owning four times the number of shares in the iPhone maker they did yesterday, as the company attempts to make the stock "more accessible" to smaller investors. Originally announced on July 30 and approved by Apple's Board of Directors, the four-for-one stock split will increase the number of common shares available in the company from approximately 12.6 billion to 50.4 billion , for shares outstanding and the number of authorized shares combined. The process effectively quadruples the amount of Apple stock each stockholder has in the company, but without increasing its value. Apple started recording which shareholders had stock in the company from August 24, with those deemed to still be holding … [Read more...] about Apple 4-for-1 stock split process completes
USB 3, USB 4, Thunderbolt, & USB-C — everything you need to know
Feature AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. With the varieties of USB and Thunderbolt terminology floating about, as well as new versions being adopted by Apple and other device producers, sorting out the mess can be a problem. Here's what you need to know about USB 3, USB 4, Thunderbolt 3, and Thunderbolt 4. For most users, there are two general families of multi-purpose connections: USB and Thunderbolt. Both have their benefits and their foibles, as well as sharing many characteristics, but the two technology trees are, largely, quite different. If you don't read any further, here's your main takeaway: The term "USB-C" by itself doesn't specify anything for data, charging, or video beyond the physicality of the connector. But, as you might expect, there are a lot of details behind USB … [Read more...] about USB 3, USB 4, Thunderbolt, & USB-C — everything you need to know
PSA: Thunderbolt 3 cables longer than 0.5m generally don’t support USB 3.1 speeds
AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. USB-C is the future of computer connectivity, but there is a great deal of confusion over USB-C, Thunderbolt 3, USB 3.1, and what any given cable with USB-C connectors is capable of. AppleInsider breaks it all down. Apple introduced USB-C to its user base with the retina 12-inch MacBook. At the time, it was a fancy USB port limited to USB 3.0 speeds of 5Gbit per second, and was officially called USB 3.1 Type-C Generation 1. The same physical port was used in the 2016 MacBook Pro refresh, offering a faster, more capable Thunderbolt 3 port with the same USB-C physical connector. The Thunderbolt 3 protocol allows for 40Gbit per second — assuming the cabling for it is right. But, right now, confusion reigns — and a simple choice that Apple made in the 2016 … [Read more...] about PSA: Thunderbolt 3 cables longer than 0.5m generally don’t support USB 3.1 speeds
USB-C cable shopping for an iPad or Thunderbolt 3 Mac is still a nightmare for consumers
Feature AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. USB-C is the future of computer connectivity, but in the two years we've been using it there remains a great deal of confusion over USB-C, Thunderbolt 3, USB 3.1, and what any given cable with USB-C connectors is capable of. AppleInsider breaks it all down again, makes some specific cable recommendations, and talks about why we think it isn't the last time we're going to have this conversation. Apple introduced USB-C to its user base with the Retina 12-inch MacBook. At the time, it was in essence a basic USB port that could power the Mac from an external source, yet limited to USB 3.0 speeds of 5Gbit per second. It was officially called USB 3.1 type C Generation 1. The same physical port was used in the 2016 MacBook Pro refresh, offering a … [Read more...] about USB-C cable shopping for an iPad or Thunderbolt 3 Mac is still a nightmare for consumers
16-inch MacBook Pro blowout deals: save up to $600 on every config, plus $80 off AppleCare
Exclusive AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. The latest 16-inch MacBook Pro deals are here with 2021 savings on every configuration. Plus, save $80 on AppleCare at Apple Authorized Reseller Adorama. Combined savings can total $1,000 off the powerful notebooks. Best 16-inch MacBook Pro deals Today's best 16-inch MacBook Pro prices offer substantial savings off MSRP, with every single model discounted by up to $600. Find instant cash rebates alongside exclusive coupon deals, with prices starting at $2,175 . AppleCare discount The savings also go one step further, with AppleCare extended protection plans $80 off at Adorama with coupon code APINSIDER , bringing the price down to $299. Just look for the AppleCare option in your cart during checkout. Signing up for … [Read more...] about 16-inch MacBook Pro blowout deals: save up to $600 on every config, plus $80 off AppleCare